NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) Stock Technical Analysis
Europe - London Exchange - LON:NBI - GB00B0SPFW38 - Common Stock
We assign a technical rating of 3 out of 10 to NBI. Recently some decent action could be observed, but in the medium term time frame this is still negative. NBI was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, NBI is a bad performer in the overall market: 63% of all stocks are doing better.
- NBI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: NBI has an average volume of 10913 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month NBI has a been trading in the 115.00 - 130.00 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
The technical rating of NBI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
113.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 122.95 to 127.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.00 to 117.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 128.50 to 128.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NBI.L is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBI.L is up. |
| ChartMill Relative Strength | 37.24 | NEUTRAL | NBI.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBI.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBI.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NBI.L is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.24 | NEUTRAL | The RSI value for NBI.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests NBI.L has a positive trend. |
| Stochastics (14,3) | 80.44 | OVERBOUGHT | The high Stochastics value suggests NBI.L may be overbought. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for NBI.L suggests some volalility. |
LON:NBI (12/27/2019, 7:00:00 PM)
128.5
+1 (+0.78%)
NORTHBRIDGE INDUSTRIAL SERVI / NBI.L FAQ
What is the ChartMill technical rating of NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) stock?
ChartMill assigns a technical rating of 3 / 10 to NBI.L.
What is the current trend direction of NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) stock?
The current trend direction for NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) is Bearish.
Can you provide the RSI signal for NORTHBRIDGE INDUSTRIAL SERVI?
NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) has an RSI value of 65.2375. This indicates that the stock is currently neutral.
What is the MACD signal for NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) stock?
The MACD indicator for NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) has a value of 0.823067, indicating a bearish trend.
Can you provide the support and resistance levels for NORTHBRIDGE INDUSTRIAL SERVI?
NORTHBRIDGE INDUSTRIAL SERVI (NBI.L) has a support level at 127.5 and a resistance level at 128.5. Check the full technical report for our detailed analysis of NBI.L support and resistance levels.